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In the financial department of every company different kind of data and report to provide the information needed is used. Without that information financial manager, investors and bankers would be flying blind (Block, Hirt 2005). Those are not all the groups of interest about the financial information; we also have the government (for taxes purposes), general public (for investment opportunities), the competition and the operational areas to determinate their performance.
In finance there is three basic kinds of financial statements, the income statement, the balance sheet, and the statements of cash flow...
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Common topics in this essay:
- Field Research Methods In Management Accounting
- Accounting Assets
- An Interface Between Financial Accounting And Cost & Management Accounting And Some Concepts Of Strategic Cost Management
- accounting for income taxes
- discuss the role of the financial accounting and managerial accounting functions in organizations
- Equity accounting and consolidations
- Every Person In An Organization Will Have His Or Her Performance Appraised In One Form Or Another. Write A Report, Discussing The Nature, Purpose, And Methods Of Performance Appraisal In A Large Organization Of Your Choice.
- Financial Accounting Summary
- Managerial Accounting Vs Financial Accounting
- Managerial accounting vs Financial accounting
- Managment Accounting, Financial Control, Management Control, Strategic Management Accounting (Sma)
- Small Business Accounting Methods
- The Differences Between Financial Accounting And Management Accounting
- Accounting review sheet
- The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
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